Franklin Street Advisors Cut Apple Com (AAPL) Holding as Stock Price Rose; Johnson & Johnson (JNJ) Holder Moon Capital Management Lowered Its Position by $115.07 Million as Share Price Declined

August 10, 2018 - By Estela Ashley

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Moon Capital Management Llc decreased its stake in Johnson & Johnson (JNJ) by 13.9% based on its latest 2018Q1 regulatory filing with the SEC. Moon Capital Management Llc sold 898 shares as the company’s stock declined 8.03% with the market. The institutional investor held 5,562 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $712.71 million, down from 6,460 at the end of the previous reported quarter. Moon Capital Management Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $350.77 billion market cap company. The stock decreased 0.34% or $0.45 during the last trading session, reaching $130.75. About 4.25 million shares traded. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since August 10, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: 01/04/2018 – FINAL DEADLINE ALERT: Brower Piven Reminds Shareholders Of Approaching Deadline In Class Action Lawsuit And Encourages Investor; 17/04/2018 – J&J 1Q ADJ EPS $2.06, EST. $2.00; 15/05/2018 – Wolverine Adds J&J, Exits Aflac, Cuts Exxon: 13F; 11/04/2018 – JOHNSON & JOHNSON VISION – ANNOUNCED ACUVUE OASYS WITH TRANSITIONS LIGHT INTELLIGENT TECHNOLOGY CONTACT LENS; 15/03/2018 – JANSSEN PHARMACEUTICAL – BREAKTHROUGH THERAPY DESIGNATION BASED ON DATA FROM MULTICENTER, OPEN-LABEL PHASE 2 CLINICAL TRIAL OF ERDAFITINIB; 17/04/2018 – JNJ 1Q EARNINGS CALL BEGINS; 20/03/2018 – DOMINIC J. CARUSO TO RETIRE AS CHIEF FINANCIAL OFFICER OF JOHNSON & JOHNSON; 14/03/2018 – South Dakota sues opioid makers as litigation swells; 21/05/2018 – JANSSEN PHARMACEUTICAL COMPANIES – EUROPEAN COMMISSION GRANTED MARKETING AUTHORISATION FOR JULUCA; 22/03/2018 – Global Low Temperature Sterilization Market Analysis & Outlook 2018-2022 Featuring Johnson & Johnson, 3M, Getinge and Steris – ResearchAndMarkets.com

Franklin Street Advisors Inc decreased its stake in Apple Inc Com (AAPL) by 6.29% based on its latest 2018Q1 regulatory filing with the SEC. Franklin Street Advisors Inc sold 11,165 shares as the company’s stock rose 5.37% while stock markets declined. The hedge fund held 166,212 shares of the computer manufacturing company at the end of 2018Q1, valued at $27.89 million, down from 177,377 at the end of the previous reported quarter. Franklin Street Advisors Inc who had been investing in Apple Inc Com for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 0.30% or $0.62 during the last trading session, reaching $207.53. About 22.84 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since August 10, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 21/03/2018 – Saudis Hunting for Deals Plan to Meet Amazon, Apple, Google; 10/05/2018 – Apple Pulls Plug on Irish $1 Billion Data Center — Barron’s Blog; 21/05/2018 – APPLE: MASTERCARD CARD HOLDERS MAY NOT BE ABLE TO ADD CARDS; 04/05/2018 – JUDGE RULES APPLE’S EDDY CUE TO BE DESPOSED IN QUALCOMM SUIT; 21/03/2018 – T&G GLOBAL LTD TGG.NZ – T&G IS ALSO IN DISCUSSIONS REGARDING T&G FOODS’ APPLE JUICE CONCENTRATE FACILITY IN NELSON; 02/05/2018 – S&PGRBulletin: Apple Rtgs Not Affected By New Cap Return Prgrm; 02/04/2018 – $INTC $AAPL Apple plans to move away from Intel chips; 29/05/2018 – Apple may be planning to use high-end technology in the screens for all of its new 2019 iPhone models, according to a report from South Korea’s Electronic Times; 12/03/2018 – Apple buys Texture, a `Netflix for magazines’ app; 08/03/2018 – GRAPHIC-Hold the iPhone! Amazon primed to be larger than Apple

Among 24 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 4 Sell and 9 Hold. Therefore 46% are positive. Johnson & Johnson had 104 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup initiated the stock with “Hold” rating in Monday, September 25 report. Cowen & Co maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, June 13. Cowen & Co has “Buy” rating and $14300 target. As per Tuesday, June 14, the company rating was maintained by Jefferies. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by RBC Capital Markets on Wednesday, October 18. The stock has “Buy” rating by RBC Capital Markets on Friday, September 22. The stock of Johnson & Johnson (NYSE:JNJ) has “Buy” rating given on Sunday, August 27 by RBC Capital Markets. The stock has “Buy” rating by BMO Capital Markets on Tuesday, October 17. The firm earned “Equal-Weight” rating on Wednesday, October 18 by Barclays Capital. Jefferies maintained Johnson & Johnson (NYSE:JNJ) rating on Tuesday, August 15. Jefferies has “Hold” rating and $145.0 target. As per Wednesday, October 18, the company rating was maintained by Wells Fargo.

Since February 15, 2018, it had 0 insider purchases, and 1 sale for $20.17 million activity.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Johnson & Johnson Looks Too Cheap” on July 17, 2018, also Seekingalpha.com with their article: “Johnson & Johnson: Headline Risk But Business Solid” published on August 07, 2018, Seekingalpha.com published: “J&J: Lawsuits And Dividend Safety” on July 27, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Johnson & Johnson – Aristocrat Looks Appealing” published on July 22, 2018 as well as Fool.com‘s news article titled: “Better Buy: Johnson & Johnson vs. Pfizer” with publication date: August 02, 2018.

Investors sentiment increased to 0.93 in 2018 Q1. Its up 0.06, from 0.87 in 2017Q4. It is positive, as 63 investors sold JNJ shares while 831 reduced holdings. 111 funds opened positions while 720 raised stakes. 1.71 billion shares or 0.80% less from 1.72 billion shares in 2017Q4 were reported. Markel, a Virginia-based fund reported 610,800 shares. Citadel Advsr Ltd Liability accumulated 0.06% or 867,076 shares. Buckingham Asset Mngmt Ltd Liability Corporation owns 1.13% invested in Johnson & Johnson (NYSE:JNJ) for 45,129 shares. Gateway Advisory Ltd Liability Corporation owns 6,445 shares. Joel Isaacson Ltd Liability Corporation reported 44,026 shares. M Inc owns 23,569 shares or 0.92% of their US portfolio. Private Advsrs holds 6,682 shares or 0.29% of its portfolio. Charter has invested 2.87% in Johnson & Johnson (NYSE:JNJ). First Mercantile has invested 0.26% in Johnson & Johnson (NYSE:JNJ). Cohen And Steers accumulated 61,861 shares. Mitchell Cap Communication owns 4,873 shares. Evanson Asset Management Lc invested in 0.89% or 33,924 shares. Massachusetts-based Arrowstreet Capital Partnership has invested 0.92% in Johnson & Johnson (NYSE:JNJ). Campbell Newman Asset Management invested in 0.72% or 33,770 shares. Lipe Dalton holds 0.27% or 2,960 shares.

Moon Capital Management Llc, which manages about $166.36M and $85.16B US Long portfolio, upped its stake in Group 1 Automotive Inc (NYSE:GPI) by 33 shares to 34,737 shares, valued at $2.27B in 2018Q1, according to the filing. It also increased its holding in Mcdonalds Corp (NYSE:MCD) by 2 shares in the quarter, for a total of 1,450 shares, and has risen its stake in Liberty Global Plc (NASDAQ:LBTYK).

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on October, 16. They expect $2.03 EPS, up 6.84% or $0.13 from last year’s $1.9 per share. JNJ’s profit will be $5.45 billion for 16.10 P/E if the $2.03 EPS becomes a reality. After $2.10 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -3.33% negative EPS growth.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Thursday Apple Rumors: All 2018 iPhones May Include Face ID” on August 09, 2018, also Nasdaq.com with their article: “How Cirrus Logic, Inc. Shares Rose 12.9% in July” published on August 10, 2018, Seekingalpha.com published: “Apple’s Strategic Shift, Stock Still Cheap” on August 07, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Free speech debate among Big Tech” published on August 07, 2018 as well as Seekingalpha.com‘s news article titled: “2 Reasons To Hold Apple For 2 Years” with publication date: August 07, 2018.

Since April 3, 2018, it had 0 buys, and 13 insider sales for $52.58 million activity. 39,122 shares were sold by Maestri Luca, worth $6.83M. SCHILLER PHILIP W sold 69,491 shares worth $11.56M. $2.90M worth of Apple Inc. (NASDAQ:AAPL) was sold by WILLIAMS JEFFREY E. $6.51 million worth of stock was sold by LEVINSON ARTHUR D on Wednesday, May 9. $6.75 million worth of stock was sold by AHRENDTS ANGELA J on Thursday, May 3. The insider KONDO CHRIS sold 4,867 shares worth $910,129.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 428 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) earned “Outperform” rating by Macquarie Research on Wednesday, October 26. The firm earned “Buy” rating on Friday, September 11 by FBR Capital. As per Monday, July 17, the company rating was maintained by Morgan Stanley. Stifel Nicolaus maintained it with “Buy” rating and $150 target in Friday, September 11 report. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, May 2 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, July 27 by BTIG Research. As per Friday, December 11, the company rating was initiated by BMO Capital Markets. The firm earned “Overweight” rating on Friday, September 22 by PiperJaffray. RBC Capital Markets maintained Apple Inc. (NASDAQ:AAPL) on Thursday, August 11 with “Outperform” rating. UBS maintained the stock with “Buy” rating in Tuesday, September 12 report.

Franklin Street Advisors Inc, which manages about $2.06 billion and $666.96 million US Long portfolio, upped its stake in Cvs Caremark Corp (NYSE:CVS) by 24,619 shares to 105,274 shares, valued at $6.55 million in 2018Q1, according to the filing. It also increased its holding in Schlumberger Ltd Com (NYSE:SLB) by 12,609 shares in the quarter, for a total of 29,323 shares, and has risen its stake in Mondelez Intl Inc Com (NASDAQ:MDLZ).

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It is negative, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Hanson Mcclain Incorporated stated it has 39,181 shares. 17,635 are held by Herald Inv Mngmt. Sather Fincl Gru stated it has 3,687 shares or 0.14% of all its holdings. Oregon Employees Retirement Fund holds 1.70 million shares or 4.31% of its portfolio. Gradient Ltd Com holds 0.6% or 65,801 shares. Mckinley Capital Management Ltd Liability Corp Delaware reported 1.64% stake. Braun Stacey Associates owns 330,405 shares for 3.81% of their portfolio. Live Your Vision invested in 0.24% or 4,062 shares. Perkins Coie Tru has 2.14% invested in Apple Inc. (NASDAQ:AAPL). Ensemble Capital Ltd Liability Company reported 4.32% of its portfolio in Apple Inc. (NASDAQ:AAPL). Mckinley Carter Wealth holds 2.01% or 36,584 shares in its portfolio. Moreover, Corda Inv Management Ltd Liability Corporation has 0.57% invested in Apple Inc. (NASDAQ:AAPL) for 27,377 shares. Ami Asset Management Corporation, a California-based fund reported 218,496 shares. Uss Inv Management Ltd invested 1.91% in Apple Inc. (NASDAQ:AAPL). 55,413 are held by Zweig.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on November, 1. They expect $2.75 EPS, up 32.85% or $0.68 from last year’s $2.07 per share. After $2.34 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 17.52% EPS growth.

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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